Tex. Ins. Code Section 842.052
Minimum Membership Requirements

(a)

Before a group hospital service corporation may be incorporated, the corporation must have collected in advance from at least 500 applicants for membership:

(1)

the application fee; and

(2)

an amount at least equal to the amount charged by the corporation for one month’s premium for coverage.

(b)

A group hospital service corporation must maintain a membership of at least 500 as a condition of continued operation.
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.

Source: Section 842.052 — Minimum Membership Requirements, https://statutes.­capitol.­texas.­gov/Docs/IN/htm/IN.­842.­htm#842.­052 (accessed May 18, 2024).

Green check means up to date. Up to date

Accessed:
May 18, 2024

§ 842.052’s source at texas​.gov